AssetPayoutTradeTypeEnum
Enum CDM 7.2.0An enumerator to differentiate the different trade types used in securities finance and modelled on an AssetPayout.
Values 3
Namespace cdm.product.template
Values
3 permitted values. The display name is the form that appears on the wire and in FpML.
| Value | Display name | Description |
|---|---|---|
| Repo | — | In the case of a repurchase transaction, an immediate and equal income payment (often call a manufactured payment) is made by the buyer to the seller. |
| BuySellBack | Buy/Sell-Back | In the case of a buy/sell-back, there is no income payment between buyer and seller. Instead, the repurchase price to be paid on the repurchase date is reduced by the amount of the income payment on the collateral plus some extra interest to compensate the seller for the delay between the income payment date on the collateral and the repurchase date of the repo. |
| SecurityLending | — | Denotes this payout as being associated to the security being lent as part of a securities lending contract. |
Referenced by
1 type holds an AssetPayoutTradeTypeEnum as an attribute.
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